Uranium miner Paladin Energy will move to compulsorily acquire the remaining shares it does not own in Fusion Resources, after its takeover offer for the minnow closed yesterday.
Laws to change for $30bn Rio deal; Crisis talks try to save Rudd's $42bn rescue bid; Leighton profit off 56pc but firms on Macmahon; China Inc move to send shudder through ore negotiators; Suncorp expecting $180m bill
Property developer and manager United Overseas Australia has revised up its earnings guidance for the 2008 calendar year, expecting profit to be $44 million.
The current economic climate has prompted more high net worth individuals to consider directly managing their investable funds rather than using an advisor, new research shows.
Payment of a minimum salary and return travel costs for spouses are some of the draft regulations released by the federal government today for employers of subclass 457 visa workers.
Chalice Gold Mines has received the final $841,000 payment of the sale of its Higginsville and Chalice gold projects in the Eastern Goldfields to Avoca Resources.
Shares in Leighton Holdings have surged as much as 10 per cent today as Australia's biggest construction company reports a 56 per cent fall in first-half net profit and a $239 million write down on the value of its infrastructure investments.
Directors in Incremental Petroleum have unanimously recommended TransAtlantic Petroleum's takeover offer after securing a further increase in the cash bid.
Western Australia's January jobless rate has risen to a seven-month high but the state still holds the lowest unemployment rate in the country, new figures show.
Engineering and fabrication company Ausgroup says the short-term outlook for the business will be challenging as it reports an 11 per cent dip in its interim net profit.
Rio, Chinalco ink $US20bn deal; Arrow fires new Pure Energy bid to oust rival; CBA flags first cut in 17 years; China's trade slump fuels global fears; WA chases miners for $300m
CORPORATE activity in the energy sector picked up a notch this week when acquisitive BG Group launched a $796 million cash offer for South Perth-based Pure Energy Resources.
A NEW obstacle to the privatisation of the state government's superannuation fund, GESB, has emerged with the tax status of the $5.47 billion accumulation fund, West State Super, in doubt.
The takeover battle for Pure Energy Resources has escalated with first suitor Arrow Energy trumping BG Group's $796 million offer with an $890 million cash and scrip bid.
The state opposition has urged the government to make haste with the awarding of over $9 million of grants to developers of innovative energy technologies.
Property developer Finbar Group has suffered a 51 per cent drop in its interim net profit result but has maintained its full-year forecast, expected to be in excess of last year's record $12.2 million result.
BC Iron has secured its first offtake agreement for its Nullagine project in the Pilbara, with the contract starting from 2010 over a minimum five-year period.
Belmont-based Diploma Group has secured $32 million in new contracts, with work to cover a Riverton shopping centre and a mixed use development in Northbridge.
Shares in Emeco Holdings soared after the earthmoving equipment provider foreshadowed a record interim result and full year earnings in line with expectations.
Bond dispute blocks Lynas on $390m Mt Weld project; AWB shares dive after profit halved; BHP in chase for Rio assets; Write-downs push Challenger to 10-year low; Barnett in stand-off with BHP
Success in attracting students has prompted a Canadian university to call off a deal with Navitas for the establishment of McMaster University College.
The number of corporate insolvencies climbed 27 per cent in calendar 2008 with the growth rate gathering pace in the last quarter, according to new research.
The global economic slowdown has forced engineering company Sedgman to write-off $20 million of goodwill value from its Perth-based subsidiary Intermet Engineering, which it bought less than two years ago for $32 million.
Subiaco-based Global Nickel Investments will branch out into the medical sector following a proposed deal to acquire Minomic International for around $6.4 million in cash and scrip.
Golden Gate Petroleum plans to raise up to $6.32 million through a share purchase plan, with funds to go towards ongoing development work at its Bullseye oil project in the United States.
The privatisation of the state government's 300,000-member superannuation fund GESB remains stalled, with an expanding number of problems - including tax treatments - preventing the state from giving the move the green light.
